So Bernanke is now warning that, because of the deficit, the US faces a fiscal crisis.
Well no fucking shit, Ben. For all Bush and his Republican buddies' claims that cutting taxes would drive revenues through the ceiling, we now have a little problem.
Of course, some might have harkened back to the early 90s, when Canada faced bankruptcy because of its deficit and debt and was considered an economic basketcases.
But--here's the delicious logic of the Bush campaign to get rid of government. First, because you know you can't make the case when there's a surplus to cut medicaid, social security, etc., you starve the government of revenue with massive tax cuts to the wealthy.
Then, claim, oh no, there's a deficit, but we're fighting a war, so where can we make cuts?
Cut the programs.
Rinse. Repeat as necessary.
It's just like with Katrina: Screw it up through massive incompetence, and then use your own screw up as justification for why government isn't effective at solving problems. How terribly convenient.
The country is fucked, thanks to 6 years of Bush and 12 of republicans.
Totally unrelated: To the reckless woman who hit my good friend with her car because she couldn't be bothered to pay attention to her driving and put him in the hospital for almost a week: YOU SUCK. Seriously. One minimizes the dangers of drinking and driving in this town: taking cabs, walking, and then some idiot decides to run you over, probably yakking on her cellphone or doing her makeup. I hope they sue the fucking daylights out of you and you lose your bloody license that you likely didn't deserve anyway and you find yourself reduced to living in a goddamn trailer park in West Virginia because that's all you can fucking afford, drinking moonshine to dull the pain of your own stupidity.